Industry
The Fiat 500, the latest minicar model to grace Canadian roads, may be tiny in size but it has earned big points from the Insurance Institute of Highway Safety (IIHS).The 2012 model year has earned the institute’s top safety award for good performance in front, side, rollover, and rear impact evaluations and for having electronic […]
By Canadian Underwriter | October 19, 2011
1 min read
Disaster damage in Canada could be reduced to half the current level in 25 years if the public and private sectors work together to develop a comprehensive program of disaster risk reduction, said Paul Kovacs, the Institute for Catastrophic Loss Reduction (ICLR)’s executive director.Kovacs offered a keynote address at the 2nd Annual National Roundtable on […]
By Canadian Underwriter | October 18, 2011
2 min read
Most organizations recognize that cyber risk management extends beyond the domain of the IT department, but few are incorporating cyber insurance as part of their overall risk management strategy, Advisen Ltd. reported.In its report A New Era in Information Security and Cyber Liability Risk Management, Advisen explored the current state of enterprise-wide information security and […]
Ontario’s auto insurance rates increased by an average of 3.05% in 2011 Q3 when rated by market share, according to the Financial Services omission of Ontario (FSCO). FSCO’s rate changes were based on roughly 40% of the market applying for rate change approvals in 2011 Q3. Rate filings approved during 2011 Q3 averaged 1.21%, based […]
By Canadian Underwriter | October 17, 2011
The Co-operators has contributed $150,000 to the Canadian Co-operative Association to mark the kick off of ‘Co-op Week’ and support activities related to the International Year of Co-operatives.The United Nations has declared 2012 to be the International Year of Co-operatives. Celebrations during the week of Oct. 17, 2011, as well as during 2012, will share […]
Granite Global Solutions has appointed Dennis Schembri executive vice president of relationship management.In this expanded role, Schembri will assist all of Granite’s divisions with their key client relationships and develop new group sales and service opportunities. He brings more than 30 years of experience to the position. “In 1993 he founded Vanler Insurance Adjusters Ltd., […]
HUB International Phoenix Insurance Brokers and Progressive Home Warranty (PHW) are joining forces in an exclusive agreement that will see HUB International Phoenix Insurance Brokers offer commercial and personal insurance with group rates to all members of Pacific Home Warranty in British Columbia and Progressive Home Warranty in Alberta, and Saskatchewan.Progressive Home Warranty is based […]
The State Farm Youth Advisory Board is donating $68,725 to Red Deer, Alberta’s Aspen Heights Elementary School for its MicroSociety service-learning project.The Aspen Heights Elementary MicroSociety is the only one of its kind in Canada. Children create a microcosm of the real world inside their school with each student having a role in running that […]
Solar flares may appear in the media as “death rays” from the sun, but thus far in Canada, they seem to have caused no worse than a nine-hour power blackout in Quebec in 1989.Power blackouts are definitely a risk associated with solar flares, says William Bartley, assistant vice president and chief electrical engineer at Hartford […]
By Canadian Underwriter | October 14, 2011
A record 31 children’s booster seats have been designated ‘Best Bets’ by the Insurance Institute for Highway Safety (IIHS), marking an increase from the 10 seats that earned the designation in 2008.This designation means the booster correctly positions a safety belt on a typical four- to eight-year-old in almost any car, minivan or SUV. Booster […]
By Canadian Underwriter | October 13, 2011
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
